Spencer Industries Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,437 | 51,858 | 23,579 | 114.7 | 0% |
| 2012 | 470,889 | 46,585 | 424,304 | 237.0 | 0% |
| 2013 | 416,506 | 595,493 | −178,987 | 14.9 | 0% |
| 2014 | 465,320 | 569,708 | −104,388 | 13.4 | 0% |
| 2015 | 77,827 | 69,268 | 8,559 | 102.9 | 0% |
| 2016 | 235,494 | 291,737 | −56,243 | 22.1 | 0% |
| 2017 | 85,693 | 263,196 | −177,503 | 16.4 | 0% |
| 2018 | 224,771 | 280,033 | −55,262 | 13.1 | 0% |
| 2019 | 474,286 | 527,640 | −53,354 | 5.7 | 0% |
| 2020 | 52,360 | 129,576 | −77,216 | 16.2 | — |
| 2021 | 392,053 | 181,264 | 210,789 | 25.5 | 0% |
| 2022 | 344,811 | 231,964 | 112,847 | 25.8 | 0% |
| 2023 | 9,859 | 196,488 | −186,629 | 19.0 | — |
In its most recent public year (2023), this organization spent $186,629 more than it brought in. Its reserves stood at about 19 months of spending, down from 114.7 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Spencer Industries Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works